NYCB
I brought a bunch more at $9.49 today.
Well I added about 40% more share of NYCB, which mean a heck of alot more, because the stock was big position to begin with. It is now probably close to the 5% mark in my portfolio, and My number 1 Holding. The stock is probably gonna proabbly earn easily $1.50-1.60 Next year, Hence the stock with a 12 multiple could push this stock to about close to double current prices. In the meantime I will wait with my 7.2% yield. I'm not running this was a brilliant quarter, despite the fact the market doesn't like anyting right now in my opinion. I mean it is getting attractive for the divy alone in my opinion. And I think there is significant potential for the share price to move up huge in the next 6-12 months. Time will tell of course, but if your question was I backing away or has my opinion changed, if anything after that quarter my opinion is even stronger positive now than it has been. All is just my opinion, and I could always be wrong though.
